China Just Hiked Taxes On Gold — Because It’s Broke

Beijing just did the unthinkable — it quietly hiked taxes on gold. Overnight, every gram of gold in China just got more expensive, and millions of ordinary savers are paying the price. This isn’t a policy tweak — it’s a panic move from a government running out of cash, ideas, and credibility. In this video, I break down how China’s new gold tax works, why it’s really a desperate grab for money, and what it says about the crumbling state of China’s economy.